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About The Area The Iowa City / Coralville area is a great place to live. It combines a community rich with culture and a strong committment to the arts with a relaxed, midwestern atmosphere. When deciding where in Iowa City or Coralville to live, several considerations beyond cost can be taken into account such as area attractions and events, transportation, and convenient centers of commerce. It is not unusual to pay $600+ for a two person rental in downtown Iowa City. As always, rent tends to be cheaper the further you are from the downtown area. In many cases it may be wise to buy a home rather than rent an apartment if planning to stay more than a few years.